Everything comes back to crypto these days…at least for me. Bitcoin and Ethereum did not budge lower during the momentum selloff last week. Now they continue to move higher. They are not moving with tech stocks and my hypothesis is that the money ‘on the digital’ side is not even watching the markets on the …

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The Nasdaq entered correction territory down TEN percent and the Dow is at all-time highs. That is not fake news. Prices do not lie. The Nasdaq 100 (where I hunt and fish) and the Dow Jones have diverged the most since 1993. I don’t know if this is the beginning of the end or the …

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As a reminder, Marketsmith (by Investor’s Business Daily) is now a sponsor of the weekly show. All the charts you have been seeing in the videos and will continue to see are from Marketsmith. They are offering my readers a three week trial for $19.95. Click this link if you would like to try it out. Happy Monday everyone. …

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A LOT of money is getting poured into the economy right now from the ‘America Rescue Plan’. I don’t need any of it so I am hoping it gets to the right people. My spending has to be down 50-80 percent this past year (I did just get my Gretzky and Jordan limited edition hoodies …

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I do not mind paying fees when it comes to my investing. I can’t be an expert on all investing subjects and while I believe in asset allocation, I hate the idea of indexing so as to ‘save’ fees. I think there is huge alpha in frontier markets and technologies. I have gotten outsized returns …

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SPAC week is coming to an end. Boohoo. Let’s refresh…What is a SPAC?: Next …the benefit to the founders of the SPAC vs. a traditional IPO, a growth round or sale: I really like my friend Russ Fradin’s take on why there are so many SPAC’s and why they are good and here is his …

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I always assume anything I do in the markets will be the ‘top’. Now that I am CEO of a SPAC it is safe to assume the market for SPACs will implode…cue Rodney Dangerfield. Sure enough…Chamath’s Clover Health SPAC has plummeted through $10 to $8 and so here we go? Jefferies notes: Worst week of …

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Because it is SPAC week, I thought I would answer the number one question being asked…how does the SPAC work? Bloomberg’s Matt Levine does a really nice job of explaining the SPAC mechanics here: A special purpose acquisition company is a blank-check company that raises money from investors in an initial public offering, puts the …

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I started SPAC week on my blog this Sunday and shared our S-1. Today I wanted to give more of the backstory. Joe Weisenthal and Tracy Alloway from Bloomberg had me on their Odd Lots podcast to tell the whole story and to talk about the SPAC market in general. The feedback on this one …

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As a reminder, Marketsmith (by Investor’s Business Daily) is now a sponsor of the weekly show. All the charts you have been seeing in the videos and will continue to see are from Marketsmith. They are offering my readers a three week trial for $19.95. Click this link if you would like to try it out. Happy Monday. I …

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